Conflicts of Interest and Steering in Residential Brokerage

This paper documents uniformity in real estate commission rates offered to buyers' agents using 653,475 residential listings in eastern Massachusetts from 1998–2011. Properties listed with lower commission rates experience less favorable transaction outcomes: they are 5 percent less likely to s...

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Bibliographic Details
Main Authors: Barwick, Panle Jia, Wong, Maisy, Pathak, Parag
Other Authors: Massachusetts Institute of Technology. Department of Economics
Format: Article
Published: American Economic Association 2018
Online Access:http://hdl.handle.net/1721.1/114048
https://orcid.org/0000-0001-8621-3864